Real Estate

July 11, 2022

Mortgage rate drops historically since 2008

Mortgage rate declined for a second consecutive week on Friday, marking the biggest drop since December 2008. According to Freddie Mac, for nearly 3 decades the fixed-rate mortgage averaged 5...

Finance

April 27, 2022

Influence of the Federal Reserve on Interest Rates

The Federal Reserve is in charge of the country's monetary policy. A key part of its task is adjusting the federal funds rate, the short-term interest rate banks charge one another to lend funds overn...